1359 Rathburn Road Unit 804, Mississauga

Price: $399,000

2 bedrooms, 1 bathrooms

600 sqft

Property Type: Condo

MLS#: W13769350

Welcome to The Capri! An exceptional opportunity to own in one of Rathwood's most sought after condominium communities. This bright and inviting suite offers a functional layout, comfortable living spaces with 9' ceilings and the convenience of condo living in a prime Mississauga location. Enjoy a recently updated suite with an open-concept living and dining area, a well appointed galley kitchen with a breakfast bar and ample cabinetry, and a private balcony offering the perfect spot to relax and take in the surrounding views. The building features an impressive array of amenities, including an indoor pool, sauna, fitness centre, party room, recreation facilities, visitor parking, concierge and security services. Ideally situated on Rathburn Road East, this home offers easy access to major highways, public transit, shopping, restaurants and everyday conveniences. With its excellent location, extensive amenities and established community atmosphere, The Capri is an ideal choice for first-time buyers, down-sizers, professionals or investors. Don't miss the opportunity to make Suite 804 your new home! Hydro, water, heat and 1 parking and 1 Locker included! Brand New: Flooring, Vanity, Window Blinds, Light Fixtures, Fridge, Washer & Dryer, Electrical Plugs and Door Handles. Freshly Painted!

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$399,000 - 1359 Rathburn Road Unit 804, Mississauga

Condo for Sale in Mississauga

Popular Listing

Neighbourhood: Rathwood

2Beds
1Baths
600Sq Ft
Condo

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Property Details
MLS Number
W13769350
Property Type
Condo
Status
active
Days on Site
11
Bedrooms
2
Bathrooms
1
Square Feet
600 sqft
Neighbourhood
Mississauga
Locker
Exclusive
Exposure
East
Balcony
Open
Listing Brokerage
FOREST HILL REAL ESTATE INC.
Description

Welcome to The Capri! An exceptional opportunity to own in one of Rathwood's most sought after condominium communities. This bright and inviting suite offers a functional layout, comfortable living spaces with 9' ceilings and the convenience of condo living in a prime Mississauga location. Enjoy a recently updated suite with an open-concept living and dining area, a well appointed galley kitchen with a breakfast bar and ample cabinetry, and a private balcony offering the perfect spot to relax and take in the surrounding views. The building features an impressive array of amenities, including an indoor pool, sauna, fitness centre, party room, recreation facilities, visitor parking, concierge and security services. Ideally situated on Rathburn Road East, this home offers easy access to major highways, public transit, shopping, restaurants and everyday conveniences. With its excellent location, extensive amenities and established community atmosphere, The Capri is an ideal choice for first-time buyers, down-sizers, professionals or investors. Don't miss the opportunity to make Suite 804 your new home! Hydro, water, heat and 1 parking and 1 Locker included! Brand New: Flooring, Vanity, Window Blinds, Light Fixtures, Fridge, Washer & Dryer, Electrical Plugs and Door Handles. Freshly Painted!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,047.08/mo

Includes CMHC insurance ($11,132)

$
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5%10%50%

5-yr fixed avg.

Principal: $359,100Interest: $243,891
Mortgage Amount$370,232
Total Interest$243,891
Est. Property Tax$283/mo
Total Cost$614,123

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Rathwood

Family-Focused Community Living

Rathwood is a quiet, family-oriented neighbourhood in central Mississauga, known for its safe streets, good schools, and community amenities. The area offers a mix of townhomes and detached houses, many with mature landscaping and updates. Rathwood provides excellent value for families seeking a suburban lifestyle with urban convenience.

Why Live in Rathwood

  • Family-friendly atmosphere
  • Good schools and community programs
  • Affordable entry point for families
  • Quiet, safe residential streets
  • Close to major shopping centres

Nearby Schools

Lincoln Alexander Secondary SchoolPublic High School
St. Francis Xavier Secondary SchoolCatholic High School
Rathburn Public SchoolPublic Elementary
St. Bernadette Catholic SchoolCatholic Elementary

Transit & Commuting

  • Square One transit terminal nearby
  • MiWay bus routes
  • Highway 403 access
  • 15-minute drive to Toronto Pearson Airport

Parks & Amenities

  • Rathwood Community Park
  • Square One Shopping Centre (nearby)
  • Mississauga Central Library (nearby)
  • Local community centre
  • Multiple parks and playgrounds

Lifestyle & Community

Rathwood offers comfortable family living with excellent value. The neighbourhood is ideal for those seeking a safe, community-oriented environment near urban amenities.

55
Walk Score
$650K - $1.2M
Price Range

1359 Rathburn Road Unit 804, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
4.3%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$390
Property Tax (est.)-$283
Insurance (est.)-$83
Net Cash Flow+$1,444

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $665/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Efficient Living

At 600 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

Mississauga Market Insight

Mississauga continues to mature as a city with its own identity. The LRT expansion, growing downtown core, and Square One development are driving appreciation. Transit access is excellent with MiWay, GO Transit, and soon the Hurontario LRT. Many of my clients find they rarely need to commute to Toronto for entertainment or dining anymore.

About Rathwood

I know Rathwood well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    1359 Rathburn Road Unit 804, Mississauga | $399,000 | Battaglia Team